ZoomInfo Announces Fourth Quarter and Full-Year 2023 Financial Results
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ZoomInfo (ZI) leaps 23% after better-than-feared Q4 results; Jefferies ups estimates
February 12, 2024 4:24 PM ESTShares of ZoomInfo Technologies (NASDAQ: ZI) rocketed over 23% in premarket trading Tuesday after the company posted significantly better-than-feared Q4 results.
Specifically, the software and data firm recorded earnings per share (EPS) of $0.26, topping the consensus estimates of $0.25. The company also surpassed revenue expectations, bringing in $316.4 million against a forecast of $310.68 million.
Adjusted operating income margin stood at 40% in the... More
